After these there are still five more offering a higher rate of 22-months at 0% interest. However, the Lloyds card could still be beneficial if you've either already got debt on a card from one of those providers behind the market-leading cards.

When looking at the fee there are also cheaper cards to choose from, but most of these also have a much shorter balance transfer window. For example, the Barclaycard Platinum Low Balance Transfer Fee card has a very low fee of 0.90%. This means you would pay just £18 on a transfer of £2,000 but it's only 0% for 12 months so you've got a lot less time to clear the debt.

Balance transfer cards

The principle behind balance transfer cards is shifting debt from an expensive credit card to one where you'll pay no interest – for a set time period.

As the 0% period is for a limited time, the aim should be clearing the debt before this ends. Otherwise you'll then have to start paying once the interest kicks in. If at this point you've still got money on the card you could switch to another 0% card – however, there's no guarantee you'll be accepted.

You can review the whole of the credit card market in our comparison tables but here are the top balance transfer cards to choose from.